401(k) · DOL Form 5500 · 2023

Long Island Electric Utility Servco LLC 401(k) Plan

Data updated 2026-08-25

$301M
Total assets Above avg plan size
1,054
Participants Near avg headcount
96th
Percentile by assets National rank
$285,436
Avg per participant High balance/head
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Official DOL plan name: Long Island Electric Utility Servco LLC Incentive Thrift Plan I · Sponsored by Long Island Electric Utility Servco LLC · New York · Utilities

$301M in assets, 1,054 participants

Long Island Electric Utility Servco LLC's Long Island Electric Utility Servco LLC Incentive Thrift Plan I reported $301M in total assets and 1,054 participants in its 2023 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #552 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Long Island Electric Utility Servco LLC Incentive Thrift Plan I ranks #552 of 721 2023 filers by assets (178% of the sector average)-$301M for 1,054 participants.

#552
in Utilities (721 peers)
+22.6%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Long Island Electric Utility Servco LLC Incentive Thrift Plan I's outsized position by total assets

Long Island Electric Utility Servco LLC Incentive Thrift Plan I vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$300,849,170 Top 4% higher than 96% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Long Island Electric Utility Servco LLC Incentive Thrift Plan I's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Long Island Electric Utility Servco LLC Incentive Thrift Plan I lands in the large band (1,054 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Long Island Electric Utility Servco LLC Incentive Thrift Plan I reported net income rose from -$36M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Long Island Electric Utility Servco LLC Incentive Thrift Plan I end-of-year assets rose from $245M in the plan year 2022 filing to $301M in the plan year 2023 filing.
  • Long Island Electric Utility Servco LLC Incentive Thrift Plan I reported participants rose from 961 in the plan year 2022 filing to 1,054 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 454652143 · Long Island Electric Utility Servco LLC PY 2023 · 401(k)

Long Island Electric Utility Servco LLC Incentive Thrift Plan I · $301M · 1,054 · 96th

  • SCH $301M
  • SCH 1,054
  • SCH 96th
  • SCH 401(k)
  • SCH near Verizon Savings and Security Plan for West Region Hourly Employees
  • SCH ind #552

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in New York →

Long Island Electric Utility Servco LLC Incentive Thrift Plan I in the asset neighbourhood

Abs 401(k) Savings Plan$301MSavage Companies Retirement & Employee Savings PlanSavage Companies Retirement …$301MVentura Foods, LLC Profit Sharing 401(k) PlanVentura Foods, LLC Profit Sh…$301MLong Island Electric Utility Servco LLC Incentive Thrift Plan ILong Island Electric Utility…$301MVerizon Savings and Security Plan for West Region Hourly EmployeesVerizon Savings and Security…$301M
End-of-year total assets ($M) among Long Island Electric Utility Servco LLC Incentive Thrift Plan I and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$245M
Net Assets (End of Year)$301M
Net Income$55M
Employer EIN454652143
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Long Island Electric Utility Servco LLC)

Sponsor-wide plan assets over time

All Long Island Electric Utility Servco LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.3B 32.73191021671111% vs 2022
2024 filing year
$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.94B $1.25B ▲ +33.0%
Year Plans Participants Total Assets
2022 3 4,265 $943M
2023 3 4,274 $1.1B
2024 3 4,346 $1.3B

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Long Island Electric Utility Servco LLC Incentive Thrift Plan I vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Long Island Electric Utility Servco LLC Incentive Thrift Plan I, Total assets ($B): 0.30084917 · Participants: 1054Long Island Electric Utility Servco LLC Incentive Thrift Plan IIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Long Island Electric Utility Servco LLC Incentive Thrift Plan I vs. nearby 401(k) plans in New York, assets vs. participants

Long Island Electric Utility Servco LLC Incentive Thrift Plan I's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Verizon Savings and Security Plan for West Region Hourly Employees in NJ ($301M); by covered participants it is Gt Services LLC Savings and Investment Plan in PA (1,054 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,054 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Long Island Electric Utility Servco LLC Incentive Thrift Plan I assets move in 2023?
Long Island Electric Utility Servco LLC Incentive Thrift Plan I grew sharply - up 22.6% during 2023, from $245M to $301M. Reported net income was $55M.
How have Long Island Electric Utility Servco LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Long Island Electric Utility Servco LLC's sponsor-wide assets grew 32.7%, from $943M to $1.3B.
Where does Long Island Electric Utility Servco LLC Incentive Thrift Plan I rank by assets among Form 5500 filers?
Long Island Electric Utility Servco LLC Incentive Thrift Plan I ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Long Island Electric Utility Servco LLC Incentive Thrift Plan I?
Among 401(k) plans in other states, the closest by assets is Verizon Savings and Security Plan for West Region Hourly Employees in NJ ($301M, 484 participants).
Which 401(k) plans cover a similar participant headcount to Long Island Electric Utility Servco LLC Incentive Thrift Plan I?
Among 401(k) plans in other states, the closest by covered participants is Gt Services LLC Savings and Investment Plan in PA (1,054 participants, $157M in assets).